https://www.classiccars4sale.net/classic-car-how-to-guides/r...
https://www.classiccars4sale.net/classic-car-how-to-guides/r...
Basically, why use actual lead in gas when lead substitute exists and is recommended for classic cars as an additive to unleaded fuel?
One is that lead helps promoting burning of the gasoline versus explosion or knocking.
Two is that lead is a great lubricant for the valve surfaces, preventing them eroding, leaking or sticking as they open / close. Eroding causes the engine to lose compression and efficiency, and sticking (as I have experienced first-hand) can cause a major engine failure by breaking the mechanism that opens/closes the valve.
[1] www.walshcarlines.com/pdf/mechanicalimplications.d4e.pdf
Engine 'knock' (multiple explosions on a single piston ignite cycle as different pockets of fuel mixture ignite) is also minimized by having 'lead' in the fuel.